Monday's ETF with Unusual Volume: XAIX

The whipping post

The Xtrackers Artificial Intelligence And Big Data ETF (XAIX) is seeing unusually high volume in afternoon trading Monday, with over 36,000 shares traded versus three month average volume of about 25,000. Shares of XAIX were up about 2.2% on the day. Components of that ETF with the highest volume on Monday were Intel (INTC), trading … Read more

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Cathie Wood Sold Palantir and AMD, Then Poured $3.35 Million Into Archer Aviation. Is ARK Betting Big on Flying Taxis?

The whipping post

Key Points Cathie Wood’s Ark Innovation ETF recently sold shares of Palantir and AMD and bought shares of Archer Aviation. Palantir and AMD are still bigger portfolio positions for Wood’s flagship fund, but the increased bet on Archer is still notable. Archer Aviation stock is down big this year even as the company has made … Read more